uk iconUK

 

 

 

State could take equity in small businesses, suggests Lloyds chairman

Lord Blackwell, chairman of Lloyds Banking Group, has suggested the government could end up owning equity in thousands of small businesses.

State could take equity in small businesses, suggests Lloyds chairman
smsfadviser logo
take equity in small businesses

The Lloyds chairman thinks the government would be better off converting loans it is already guaranteeing into equity stakes in small businesses if loans go bad.

Read more at Small Business

Subscribe to Financial Accountant

Receive the latest news, opinion and features directly to your inbox